The Mercantile Investment Trust (LON:MRC) Announces Earnings Results

The Mercantile Investment Trust (LON:MRCGet Free Report) issued its quarterly earnings results on Tuesday. The investment trust reported GBX 8.96 ($0.11) EPS for the quarter, Digital Look Earnings reports. The Mercantile Investment Trust had a return on equity of 20.56% and a net margin of 94.67%.

The Mercantile Investment Trust Trading Up 4.1 %

LON:MRC opened at GBX 214.38 ($2.74) on Thursday. The Mercantile Investment Trust has a 12-month low of GBX 195 ($2.49) and a 12-month high of GBX 269.05 ($3.44). The stock has a 50-day moving average price of GBX 233.29 and a 200 day moving average price of GBX 234.95. The stock has a market capitalization of £1.59 billion, a P/E ratio of 4.03 and a beta of 1.16.

About The Mercantile Investment Trust

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The Mercantile Investment Trust Approach

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As one of the largest UK equity investment trusts and a history stretching back more than 130 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.

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